the stock market has been in complete disconnection from (and utteroly excessive influence on) the real econom for more than a century... if deposit banks did their job properly, it should be able to disappear without 80% of the population even noticing

Keith Bliss of Cuttone and Company joins Yahoo Finance's Alexis Christoforous from the New York Stock Exchange to discuss the imminent announcement of President Trump's nomination for Federal Reserve Chairman, which is expected to be either Jerome Powell or John Taylor.